NEW DELHI: Aviation stocks Friday rallied up to 7 per cent on the BSE even as DGCA’s data showed a slowdown in air passenger traffic in February.
Stock of SpiceJet zoomed 7.04 per cent to Rs 98.10. Intra-day, it rose 14.23 per cent to touch a high of Rs 104.70.
InterGlobe Aviation closed the counter with 0.28 per cent gains at Rs 1,426.85. During the day, it was trading at Rs 1,459.30, up 2.56 per cent.
Similarly, cash-strapped airline Jet Airways advanced 3.60 per cent to settle at Rs 225.85. It had touched an intra-day high of Rs 230.